Monthly Rent Report
Pasadena Rent Report — August 2024
Asking rents in ZIP 91103, Los Angeles, from 14 listings.
Median 1BR rent in Pasadena was $2,966 in August 2024, down 8.6% (−$278) from July 2024 and down 8.7% year-over-year. The middle half of 1BR listings asked between $2,902 and $2,987. That puts Pasadena $871 above the Los Angeles citywide 1BR median of $2,095. The month's figures are based on 14 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2024 | Vs. August 2023 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,395 | −$600 (-30.1%) | −$1,110 (-44.3%) | $1,395 – $1,395 | 1 |
| 1BR | $2,966 | −$278 (-8.6%) | −$283 (-8.7%) | $2,902 – $2,987 | 5 |
| 2BR | $3,651 | +$158 (+4.5%) | −$884 (-19.5%) | $3,478 – $3,823 | 2 |
| 3BR | $3,175 | −$625 (-16.4%) | −$3,075 (-49.2%) | $3,175 – $3,175 | 1 |
| 4BR | $8,200 | +$900 (+12.3%) | −$700 (-7.9%) | $8,200 – $8,200 | 1 |
Median, P25, and P75 are asking rents from listings posted in August 2024. Changes compare against the nearest prior month with data.
Pasadena vs. Los Angeles — August 2024
| Bedrooms | Pasadena Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,395 | $1,750 | −$355 (-20.3%) |
| 1BR | $2,966 | $2,095 | +$871 (+41.6%) |
| 2BR | $3,651 | $2,795 | +$856 (+30.6%) |
| 3BR | $3,175 | $4,000 | −$825 (-20.6%) |
| 4BR | $8,200 | $4,895 | +$3,305 (+67.5%) |
Citywide figure is the median of zip-level medians across 141 Los Angeles zip codes with listings in August 2024.